T-Mobile ventures into personal banking with new Mobile Money service
Over the past 9 months or so, T-Mobile has been calling itself the “Uncarrier.” It’s a marketing strategy, for sure, buts it’s certainly been living up to the moniker by dropping contracts, offeringfree international data, andwaving early termination feesfor new customers. But this morning the company announced its most un-carrier move to date: Mobile Money. That’s right, T-Mobile is getting into the personal banking business with a new service that combines a branded prepaid Visa card, a smartphone app, and a no-fee checking account…...